AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic.

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

ATM “jackpotting” schemes are on the rise across the country, according to the Federal Bureau of Investigation. Hackers are exploiting a mix of “physical and software vulnerabilities in ATMs” to get ...

Malware-wielding criminals "jackpotted" ATMs across the United States last year to walk away with $20 million thanks to "cash-out" attacks.

Strategy (MSTR) announced on Monday that it sold almost 298,000 shares and used the money to buy more Bitcoin. The company stated that between February 17 and February 22, 2026, it sold 297,940 Class ...

Hackers hit more than 700 ATMs last year, resulting in $20 million worth of losses, the FBI says. The malware can instruct an ATM to dispense cash on demand, no bank card needed.

LONDON and NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO), a clinical-stage biopharmaceutical company developing investigational therapies for the treatment of ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...